Schibsted
From Wikipedia, the free encyclopedia
| Schibsted ASA | |
| Type of Company | Public |
|---|---|
| Founded | 1839 |
| Headquarters | Oslo, Norway |
| Key people | Kjell Aamot (CEO) |
| Industry | Mass media |
| Revenue |  NOK 9,832 million (2005) |
| Operating income | NOK 1,161 million (2005) |
| Employees | 7,500 (2006) |
| Website | www.schibsted.com |
Schibsted (OSE: SCH) is a Norwegian media conglomerate with operations in 18 countries, the most important being Norway and Sweden. The company has its headquarters in Oslo, Norway and is listen on Oslo Stock Exchange.
Schibsted's present activities relate to media products and rights in the field of newspapers, television, film, publishing, multimedia and mobile services. Schibsted has ownership in a variety of formats; paper, the Internet, television, cinema, video, DVD and wireless terminals (mobile telephones, PDAs etc.).
Contents |
[edit] Ownership
[edit] Norway
Schibsted ownes the two Oslo newspapers Aftenposten and Verdens Gang (VG) (third and largest newspapers in Norway, respectively). In addition the company has ownership in the newspapers Adresseavisen (34.3%), Asker og Bærums Budstikke (10.1%), Bergens Tidende (24.4%), Fædrelandsvennen (25.0%), Harstad Tidende (who also own Bladet Tromsø) (51.0%) and Stavanger Aftenblad (31.5%). Though Aftenposten and VG Schibsted controlls 20,6% of Norsk Telegrambyrå[1]
[edit] Sweden
In Sweden Schibsted ownes Aftonbladet, the Nordic countries largest newspaper and Svenska Dagbladet. Schibsted also publishes a number of magazines. Schibsted also ownes a substantial part of TV4.
[edit] Europe
Schibsted owns 20 Min Holding AG which participates in the publication of various editions of the free daily newspapers, such as 20 minutes in France and 20 minutos in Spain. The Swiss edition 20 Minuten is now part of Tamedia Group. The russian edition My region ("Мой район").
[edit] History
In 1839 Christian Michael Schibsted founds the publishing company Schibsteds Forlag and in 1860 he starts publishing Christiania Adresseblad, from 1885 known as Aftenposten. In 1966 Schibsted acquires VG.
In 1989 Schibsted goes from being a family owned company to a corporation, and is listed on Oslo Stock Exchange in 1992. Kjell Aamot has been CEO since 1989. In the 1990s and 2000s Schibsted has bought a number of international newspapers.
